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Altech Chemicals Limited Receives First Mezzanine Debt Term Sheet

Highlights

  • US$120 million indicative mezzanine debt term sheet received
  • Follows extensive preliminary project due diligence
  • Global investment banking group
Altech Chemicals Limited (Altech/the Company) (ASX: ATC) (FRA: A3Y) is pleased to announce that it has received an indicative mezzanine debt term sheet for up to US$ 120 million from an international investment bank, for its proposed Malaysian high purity alumina (HPA) plant and associated kaolin mine in Meckering, Western Australia (the Project).

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